Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig).A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home's main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities.In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the dining room in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026. Septic is permitted for 3 bathrooms if buyer(s) were to finish out basement.
Listed By
Agency Name: Realty One Group Revolution
Agency Contact: barry@barryaldridge.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 1,745.98 per month $1,655.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $90.71 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
4646 Rainbow Drive | MLS# 4394032
This single family home located at 4646 Rainbow Drive, Kannapolis, NC 28081 is currently listed for sale with an asking price of $311,000. This property was built in 1962 and has 3 bedrooms and 2 full baths with 1782 sq. ft. Rainbow Drive is located in the Private Acres subdivision. Search Private Acres real estate on www.lakenormanrealty.com today.